Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.8.0.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues:        
Charging service revenue - company-owned charging stations $ 328,302 $ 317,443 $ 879,428 $ 958,376
Product sales 157,264 205,821 367,808 856,196
Grant and rebate revenue 14,978 71,126 93,798 228,290
Warranty revenue 36,484 33,347 103,188 100,844
Network fees 59,604 46,047 168,334 135,409
Other 10,267 75,166 122,937 180,381
Total Revenues 606,899 748,950 1,735,493 2,459,496
Cost of Revenues:        
Cost of charging services - company-owned charging stations 106,606 51,351 171,284 152,884
Host provider fees 55,047 111,557 202,432 383,086
Cost of product sales 4,661 80,510 245,832 417,125
Network costs 21,781 166,233 236,675 388,771
Warranty and repairs and maintenance 30,771 21,895 (26,325) 214,257
Depreciation and amortization 86,744 263,110 298,168 697,067
Total Cost of Revenues 305,610 694,656 1,128,066 2,253,190
Gross Profit 301,289 54,294 607,427 206,306
Operating Expenses:        
Compensation 1,080,644 1,564,463 4,091,681 4,217,250
Other operating expenses 227,927 342,774 681,630 1,057,147
General and administrative expenses 222,399 420,953 774,482 1,058,670
Lease termination costs 300,000
Total Operating Expenses 1,530,970 2,328,190 5,847,793 6,333,067
Loss From Operations (1,229,681) (2,273,896) (5,240,366) (6,126,761)
Other Expense:        
Interest expense (95,215) (57,937) (454,164) (128,489)
Amortization of discount on convertible debt (151,002) (168,443) (1,863,680) (168,443)
(Loss) gain on settlement of accounts payable, net (1,014) 503,125 22,914 503,125
Loss on settlement reserve (12,450,000) (12,975,588)
Change in fair value of warrant liabilities (72,101,423) (255,788) (72,882,216) (2,450,045)
Loss on disposal of fixed assets (8,751) (17,348)
Loss on inducement (7,570,581) (7,570,581)
Loss on deconsolidation of 350 Green (97,152)
Investor warrant expense (1,011) (7,295)
Non-compliance penalty for delinquent regular SEC filings (94,830) (571,543)
Non-compliance penalty for SEC registration requirement (21,516) (50,625) (73,498) (188,125)
Total Other Expense (92,390,751) (134,260) (95,893,965) (3,028,163)
Net Loss (93,620,432) (2,408,156) (101,134,331) (9,154,924)
Dividend attributable to Series C shareholders (828,500) (386,700) (2,374,300) (1,070,400)
Net Loss Attributable to Common Shareholders $ (94,448,932) $ (2,794,856) $ (103,508,631) $ (10,225,324)
Net Loss Per Share        
- Basic and Diluted $ (34.68) $ (1.74) $ (52.04) $ (6.39)
Weighted Average Number of Common Shares Outstanding        
- Basic and Diluted 2,723,437 1,609,530 1,989,022 1,600,993